Saudi Arabia To Scale Back Debt Issuance In H2: Fitch Ratings
RIYADH: Saudi Arabia plans to reduce its debt issuance in the second half of 2024, thanks to substantial dividend paymen... Read more
Standard Chartered Starts Custody Services For Digital Assets In UAE
DUBAI: Standard Chartered said on Tuesday it had begun offering digital asset custody services in the UAE, with Brevan H... Read more
Financial Sector Key Aspect Of High-level Saudi Arabia And Germany Talks
JEDDAH: Saudi Arabia and Germany are set to strengthen their economic ties in the finance sector following high-level ta... Read more
Egypt Looks To Secure Bank Financing To Strengthen Food Security
RIYADH: Egypt is actively seeking bank financing to purchase essential commodities and strengthen strategic reserves as ... Read more
Saudi Arabia To Develop $3.3bn Sports Complex With UK Tech Partnership
RIYADH: Saudi Arabia is set to develop a $3.3 billion sports complex through a new partnership between Alpha Jossor Inve... Read more
Saudi Arabia To Achieve FDI Target Of $24bn In 2024: Standard Chartered
RIYADH: Saudi Arabia’s updated investment law and a slew of recent reforms could help the country achieve its goal of ... Read more
Saudi Arabias Pharma, Medical Device Factories Surge To 206 With $2.6bn Investments
RIYADH: The number of pharmaceutical and medical device factories in Saudi Arabia has reached 206, with investments tota... Read more
Closing Bell: TASI Edges Down To Close At 12,261
RIYADH: Saudi Arabia’s Tadawul All Share Index closed at 12,261.18 points on Monday, losing 1.46 points, or 0.01 perce... Read more
PIFs Savvy Games Group Partners With Xsolla To Launch Gaming Hub In Riyadh
RIYADH: Public Investment Fund-owned Savvy Games Group has signed a memorandum of understanding with international gamin... Read more
Saudi Arabia, Ethiopia Form Business Council To Boost Economic Ties
JEDDAH: Saudi Arabia and Ethiopia are set to strengthen their economic ties with the establishment of a new business cou... Read more
Qatar Strikes Another 15-year LNG Supply Deal With Kuwait
KUWAIT: Qatar agreed on Monday to supply Kuwait with 3 million tonnes per annum of liquefied natural gas for 15 years, t... Read more
Riyadh Firms Launch $405m Partnership To Transform Historic Qasr Al-Hukm Area
RIYADH: Two major state-owned and publicly listed companies have formed a partnership to oversee the development and ma... Read more
UAEs Mubadala Acquires Full Ownership Of UCB Pharmas China Business With CBC Group
RIYADH: UAE sovereign wealth fund Mubadala Investment Co. has acquired 100 percent ownership of UCB Pharma’s mature bu... Read more
Saudi Housing Sector Secures Key US Deals To Boost Real Estate Development
JEDDAH: Saudi Arabia’s housing sector has strengthened its international partnerships by signing five key agreements o... Read more